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Ponsider the following stuations: (1) Cick the loon ta var the shations.). peral entry tides. More info a. Business receives $2,000 on January 1 for

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Ponsider the following stuations: (1) Cick the loon ta var the shations.). peral entry tides. More info a. Business receives $2,000 on January 1 for 10 -month service contract for the period January 1 through October 31 . (Assume services are performed evenly each month throughout the term of the contract.) b. Total salaries for all employees is $4,100 per month. Employees are paid on the 1 st and 15 th of the month. c. Work performed but not yet billed to customers for the month is $1,400. d. The company pays interest on its $16,000,9% note payable of $120 on the first day of each month

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